City Link has taken Glasgow City Council Pension Fund’s 37,933 sq ft warehouse at Ashburton Point in Trafford Park at an annual rental of £204,838 and GLP Properties’ 40,599 sq ft unit at Roman Way in Preston on a ten year lease at £4.25 per sq ft. Savill

Developer Kenmore has secured planning consent from Hillingdon Council for the development of two distribution warehouses at Hayes Xchange, its new distribution/warehouse development near Heathrow Airport.

Planning has been secured for baker Warburtons’ 120,000 sq ft bakery and distribution warehouse in Bristol. Gazeley, with funding partner Legal & General, and Hermes’ UK Logistics Fund (UKLF), has been granted planning permission to develop the bespoke ba

The UK’s first two-storey warehouse, located at Heathrow, is complete. Developed by Brixton, X2 comprises 242,600 sq ft of warehousing and ancillary offices in eight units, configured for high-capacity throughput.

Shepherd Developments in conjunction with the Abtech Group has completed five warehouse and distribution units ranging from 15,000 sq ft to 40,000 sq ft at Access 63 on the outskirts of Selby in Yorkshire.

Savills has been appointed joint agent with Jones Lang LaSalle and Burbage Realty on Gazeley and Land Securities’ 3.4 million sq ft Magna Park in Milton Keynes.

Gazeley has agreed the purchase of a 21.26-acre site at Meir in Stoke-on-Trent from Johnson Matthey, a materials technology and chemicals company. Johnson Matthey was advised by CBRE. Gazeley was unrepresented.

King Sturge has been instructed by D1 Oils to dispose of its former bio-diesel complex on Wirral International Business Park, Bromborough.

There has been a sharp decline in overall commercial development, according to Savills’ latest construction survey. In May, around three times as many commercial developers (30 per cent) reported a reduction in total activity than those that signalled a r

Industrial land prices will continue to fall this year, according to the June Property Snapshot from Colliers CRE.